Finance

Boeing will acquire Millennium Space Systems, a provider of agile, small-satellite solutions, under an acquisition agreement that will expand Boeing’s satellite and space portfolio, talent, and capabilities. California-based Millennium Space […]

Asia Satellite Telecommunications (AsiaSat) released its interim results for the six months ending June 30, 2018. Overall revenue is up 14 percent to HK$730 million ($93 million) from HK$642 million ($81.8 […]

UrtheCast and Land O’Lakes have entered a binding term sheet for the purchase of Geosys Technology Holding, a wholly owned subsidiary of Land O’Lakes, for a purchase price of $20 […]

DigitalGlobe, a Maxar Technologies company, appointed two leaders to the World Geospatial Industry Council (WGIC), formed during the 8th session of the United Nations Global Geospatial Information Management (UN-GGIM) held […]

In the first part of an exclusive interview yesterday, we talked to former ABS Chief Executive Officer (CEO) Tom Choi about his future plans for Curvalux, a new technology system, […]

Cloud Constellation has launched a global partner program for its SpaceBelt Data Security as a Service (DSAAS) space-based cloud service, enabling partners to offer customers a cloud service that eliminates the […]

HawkEye 360, an Allied Minds portfolio company, has raised $9.6 million in the first closing of a Series A-3 financing round (“the transaction”). The round included Razor’s Edge Ventures, Allied […]

XipLink has hired Edson Meira as its new vice president for the Latin America region. XipLink is a company that specialises in Wireless Link Optimization (WAN). Meira most recently held the […]

Eutelsat has sold its interest in its Eutelsat 25b/Es’hail 1 satellite to Es’hailSat in a deal worth 135 million euros ($156.30 million), the company announced yesterday. Eutelsat’s share of the […]

World View has appointed former SSL Chief Technology Officer and Vice President Matteo Genna to lead engineering and manufacturing at the company. Genna will provide executive leadership and direction in […]

Maxar Technologies issued a stern response to a report written Aug. 7 by Spruce Point Capital Management’s Ben Axler alleging serious mismanagement of the company by its CEO Howard Lance. Maxar claims the report “contained […]

Hughes reported a significant increase in its revenues for the first six months of its 2018 fiscal year, providing its parent company EchoStar with enough momentum to surprise analysts with […]

United Arab Emirates-based operator Yahsat completed its acquisition of a majority and controlling stake in mobile satellite services operator Thuraya and announced a series of new executive appointments to the […]

Lockheed Martin, Beach Point Capital, Goldman Sachs and a consortium of investors issued $36 million in Series B financing to end-to-end nanosatellite and microsatellite services and solutions provider Terran Orbital. […]

Euroconsult expects about 7,000 new smallsats to be launched over the next 10 years, representing a six-fold increase from the 1,200 units launched over the past decade. Spacecraft from 50 […]

Orbcomm reported a strong increase in its revenues in the first half of this year compared to the same stage last year. However, its net losses through the end of […]

Inmarsat produced a better-than-expected set of results, which saw a particularly strong performance in the aviation market. The operator announced that overall revenue for the six months to the end […]

For the six months to the end of June, Telesat derived revenues of around CA$444 million ($341.23 million), a decrease of four percent compared to the first six months of […]

RBC Signals, a company enabling the flexible delivery of real-time data from satellites in Low Earth Orbit (LEO), and Odysseus Space are joining forces to enhance RBC Signals’ global ground […]

Eutelsat issued its full year results today, which saw falls in both overall profit and revenue. Its revenue for the 12 months until the end of June reached 1.407 billion […]

Surrey Satellite Technology (SSTL) and the National Oceanography Center (NOC) launched the first Global Navigation Satellite Systems (GNSS)- Reflectometry ocean wind data service that is global, with support from the […]

Maxar Technologies reported its second quarter results, which saw some notable highlights such as reaching $578.9 million in revenues for the quarter. Unlike this quarter last year, Maxar was able […]

Planet has made a key new executive hire as it looks to build its business. It has appointed Nathan Dickerman today as Chief Commercial Officer (CCO). Dickerman will be responsible […]

Japan-based Infostellar partnered with mission control software providers including Bright Ascension and Spaceit, to pre-integrate StellarStation into their software products. StellarStation is a satellite antenna-sharing platform, which aims to increase satellite […]

Gilat Satellite Networks has won a key new contract in Latin America, The company was selected by Peru’s Fitel for two additional regional telecommunications infrastructure projects, totaling $153.6 million. The […]

MDA (formerly MacDonald, Dettwiler, and Associates), a Maxar Technologies company, appointed Michael Rack as president of the newly created MDA Commercial division beginning Sept. 24. The addition of Rack, along […]

SES saw a fall of more than 17 percent in net profits for the first half of this year, compared to the same stage last year. This was one of […]

GomSpace Group AB subsidiary GomSpace A/S signed a contract to provide a multi-nanosatellite system to startup Kleos Space. The value of the contract is approximately 2.42 million euros ($2.83 million), and […]

LeoLabs, a commercial provider of Low Earth Orbit (LEO) mapping and Space Situational Awareness (SSA) services, closed a $13 million Series A financing round led by global investors WERU Investment […]

Earlier this month, Spanish satellite operator Hispasat announced it was joining SKY Perfect JSAT as a strategic investor in an exciting new satellite operator, LeoSat — who could become a […]